Why capital-gains taxes matter to small-business owners

12/7/2010 | Hill, The

Capital-gains taxes don't just affect the big guys on Wall Street; they also play a part in the economic survival of Main Street business owners, writes economist William Gentry. He cites data that show the amount of unrealized capital gains on small businesses is much larger than that on corporate stock, and that higher capital-gains taxes on venture capital firms hinder investment in startups.

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